£409,016
This estimated value is based upon the latest sale price for the house of £400,000 on 14 Sep 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £400,000 | 14 Sep 2023 |
| £207,500 | 12 Apr 2013 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in September 2023 the House Price Index for ESSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £400,000 results in an estimated price of approximately £409,016.
| 14 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £400,000 | £9,016 | £409,016 |
The Postcode Pricing Model uses changes in average sales price within the CO3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -3.728 % | £-14,913 | £385,086 |
| 3 Month Average | -10.399 % | £-41,594 | £358,405 |
| 6 Month Average | -7.838 % | £-31,353 | £368,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £152,341 | £150,000 | 14 OXFORD COURT |
| 10 Nov 2023 | £184,688 | £180,000 | 19 OXFORD COURT |
| 14 Sep 2023 | £409,016 | £400,000 | 5 KEBLE CLOSE |
| 8 Aug 2023 | £337,080 | £331,000 | 7 GRAY ROAD |
| 24 Feb 2023 | £171,143 | £170,000 | 11 OXFORD COURT |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Oct 2012. Using an estimated price of £409,016 means this house is valued at £5,311 per sq meter (£493 per sq foot).
There is one other house on the street which we know the size of, this is 2 KEBLE CLOSE it is 86.9
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Public order | Under investigation | On or near Keble Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keble Close |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Creffield Road |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Creffield Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Creffield Road |